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After testing 1.3090 numerous times, GBP/USD is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of GBP/USD towards 1.3090 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 11 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Breach of 5987.0000 could mean a start of a bullish trend on FRA40

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